GoPro has once again raised the bar when it comes to wearable action cameras.

The all new Hero4 was released Sunday and is available in two versions, the Black and the Silver. While the Black is the slightly better camera, both come with a multitude of improvements and enhancements from the Hero3.

The main selling point of the Hero4 Black is its ability to capture video in 4K at 30 frames per second (fps). For those who do not know what 4K is, 4K video has four times the resolution of your standard HD television.

While 4K is very impressive, not everyone needs to shoot in that high of quality. The Hero4 Black can also capture video in 1080p and 720p, both at 120 fps.

The Hero4 Silver takes a small step back from the Hero4 Black, only able to capture video in 4K at 15 fps, and 1080p at 60 fps, but can still capture 720p video at 120 fps. Despite the lower specs, the Hero3 Silver is still a very impressive camera.

One thing about GoPro that continues to impress customers the most is the price of the cameras. The Hero4 Black retails at $500, and the Hero4 Silver retails at $400.With the popularity and quality of their cameras, GoPro has every right to raise the price of their cameras, but they keep them within a range that most people can easily afford.

But what if $500 is still outside your budget? Along with the new Hero4 cameras, GoPro also released a third camera simply titled Hero.

It is not as flashy and loaded down with technical specs like the Hero4s are, but the Hero does what it was designed to do very well.

It is only able to capture video in 1080p at 30 fps and 720p at 60 fps, but do not let that fool you. This camera will still help you create great quality videos, but it will take a much smaller bite out of your wallet.